Tourism forex revenues grew by 10.8 pct in the first quarter of 2007, compared with the same period last year, totaling 575.6 million euros, the Institute for Tourism Research and Forecast (ITEP) said on Wednesday.

In a report, ITEP stressed that although the first quarter of a year was not a base to reach any safe conclusions, early messages were very optimistic and noted that tourism foreign exchange revenues were down 16 pct in the corresponding quarter while tourism foreign exchange revenues for the year were up 5.1 pct, significantly lower compared with the growth rate of tourist arrivals in the country

Source: Athens News Agency

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